Companies use Electronic Data Interchange (EDI) to exchange information for a variety of different reasons, mainly increased efficiency and cost savings. For example, Electronic Data Interchange (EDI) allows business transactions to occur in less time and with fewer errors than do traditional, paper-based means. It reduces the amount of inventory companies must invest in by [...]

Prior to the advent of the internet the buyer and the seller needed to meet face to face to clear any doubts and for the transaction of money. The situations have changed drastically and it is now the internet that acts as a connecting media between the buyer and the seller. Some of the key [...]